Choosing a Family-Friendly Compensation Consultant

Tags:
Benefits,
Compensation,
Consultant,
Delaware Valley Family Business Center,
Human Resources
Source:
Delaware Valley Family Business Center

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Overview: Does your adviser have a background in consulting to business families as well as managing compensation programs in a variety of industries? Most business families can benefit from the deep professional knowledge and the individualized guidance of a compensation professional. The overarching goal is a compensation program that reflects internal equity between jobs as well as external competitiveness with other companies. A compensation consultant ideally should have a broad background both in consulting and in managing compensation programs in a variety of industries including manufacturing, service and financial organizations. Article suggests benchmark consultant candidates against the seven technical criteria as well as the seven "family friendly" qualifications.

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Format: HTML | Date: Jan 2003 | Pages: 1

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